On the campaign trail, Trump courted crypto cash by pledging to be a "crypto president" and promote the adoption of digital assets.

Notably, Trump’s executive order on FEMA does not seek to eliminate the agency; Congress would need to act to do that. The order instead underscores Trump’s interest in turning to outside advisers and private-sector companies to fill some typically governmental functions as he seeks to quickly accomplish his second-term goals.

The SEC announced a task force to develop a regulatory framework for crypto assets, just one day after the president Trump’s s inauguration.